NAIROBI, Kenya, Oct 16 – President William Ruto has urged local banks to lower interest rates in order to stimulate economic growth by providing affordable loans to micro, small, and medium scale traders. He noted that after the Central Bank of Kenya (CBK) further lowered the Central Bank Rate to 12 per cent early this Read More
Read More Kenya’s Keep It Cool is among 15 companies that are finalists and are competing for £1 million each in the 2024 Earthshot Prize. The Earthshot Prize is a global climate and environmental stewardship program. The winners will be announced at an awards ceremony in Cape Town, South Africa, on Wednesday, November 6, 2024. African representatives
The post Kenya’s Keep It Cool among 15 finalists in the 2024 Earthshot Prize appeared first on HapaKenya. Read More
Mobile loans has remained the most common form of credit in Kenya, accounting for 52.79% of all active loan accounts with a total balance of Ksh. 158.8B according to a new report by TransUnion Kenya. The first quarter of 2024 saw the opening of 3.92M new mobile loan accounts, an 11.02% increase from the previous
The post TransUnion report shows that Kenyans are relying on mobile loans to survive appeared first on HapaKenya. Read More
The University Innovation Challenge, under the theme of Fostering Resilience, was successfully launched at KCA University on September 27, 2024.
Read More